set up a branch in belgium
TRANSCRIPT
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Set Up a Branch in Belgium
A presentation brought to you by our Company Formation Experts in Belgium
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Why Open a Branch in Belgium?• Foreign investors interested in expanding
their businesses in Europe, may choose to set up branches in Belgium.
• There are several reasons why a businessman should consider investing in Belgium and some of these are:
a strategic geographical position in the center of Europe;
a qualified workforce;
good living conditions.
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What Is a Branch in Belgium?
• A branch established in Belgium represents the extension of the parent company.
• The Belgian branch must carry the same name as the parent company and it’s not considered a legal entity.
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What Are the Characteristics of a Belgian Branch Office?
• The commercial name of the branch in Belgium may differ from the registered name and it may or may not be reported at registration.
• The parent company is carrying full responsibility for the branch’s actions.
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Opening a Branch in Belgium >>
• The legal representative of a branch opened in Belgium is not required to have Belgian nationality, however it is recommended for him to live here (as all the branch’s activities take place here).
• Depending on the business domain, a branch office in Belgium may need a business permit before starting its activity.
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>> Opening a Branch in Belgium
• The process of registering a branch in Belgium was simplified by introducing the one stop desk for companies.
• The documents required at the registration of a branch must be drafted in one of the official languages of Belgium depending on the area of registration.
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Documentation Required for Opening a Branch in Belgium
• The following documents must be legalized by a notary from the foreign country and then translated into one of the official languages of Belgium:
a copy of the foreign company’s registration certificate;
the articles of incorporation;
the decision of opening a branch.
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Registering a Branch Office in Belgium
• The necessary documents must be submitted with the Registrar office of the Commercial Court and then with the Crossroads Bank for Enterprises.
• The registration with the Crossroads Bank in Belgium is possible by submitting the documentation to a one stop desk for companies.
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Advantages of Setting Up a Branch in Belgium
• A branch opened in Belgium has certain advantages, as there is no minimum share capital requested at registration.
• Also there are no taxes on the capital gains.
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Business Consultancy in Belgium
• If you are interested in opening a branch office in Belgium, our company formation specialists can provide you with complete guidance.
• For step-by-step assistance in opening a branch in Belgium, please contact our local company formation experts.
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Thank you for your attention!
• Please contact us for more information at:
+44 203 287 0408
www.companyformationbelgium.com11